The Next Generation of Leaders: maximising the potential of Gen Y/Millennials
Given that Millennials/Gen Y – aged between 19 and 35 – are the future of performance and leadership in the UK, and the rest of the world, they are having a major impact on the workforce. Circa 50% of Millennials/Gen Y are digital natives and – until the arrival of Generation Z – they are the most mobile workforce in the world today. This 3.5 hour workshop identifies the issues and challenges and the major characteristics and attitudes of this generation as they move into positions of leadership and authority. The workshop also provides practical tools and techniques for maximising the contribution of Gen Y and managing them so that – not only are they are motivated and retained for longer, but their characteristics and contribution deliver additional value to their organisations.
- Presentation of the key statistics and general characteristics of the three key generations now working together including Baby Boomers, Gen X and Gen Y.
- Three group activity: Associates are divided into three groups and each group deals with a generation, noting how they like to work at SVB. Each group presents back and the facilitator confirms and summarises key findings, reinforcing the fact that all the generations bring value to the working environment.
- The session ends with Associates understand the value that each generation brings to the world of work.
- Paired activity: In pairs, participants discuss their psychological contract and how they perceive what they offer and what they bring to their work. This is then contrasted with what the potentially different psychological contract that Gen Y may have at work.
- In four groups, participants discuss 4 key challenges are maximising the performance and contribution of Gen Y/Millennials – including making work understandable, maximising creativity/innovation, supporting career development and helping each generation work and communicate effectively with each other.
- Recognise the key features of each of the 3 generations represented in the workplace.
- Identify personal challenges and opportunities with Gen Y, depending on their generational positioning.
- Understand why Gen Y is like it is, why it’s here to stay, and how it’s good for business.
- Realise the importance of creating a mutually acceptable “psychological contract” with Gen Y workers.
- Learn tools and techniques across 4 drivers for maximising Gen Y performance.
- Develop their own, personal and customised action plan for maximising the Gen Y-ers in their business.